RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Condensed Consolidated Statements of Cash Flows (Details) - USD ($)
$ in Thousands |
2 Months Ended |
3 Months Ended |
6 Months Ended |
9 Months Ended |
10 Months Ended |
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2021 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Jun. 30, 2022 |
Sep. 30, 2022 |
Nov. 08, 2021 |
Dec. 31, 2022 |
Dec. 31, 2020 |
| Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
$ (682,149)
|
$ (682,149)
|
$ 106,227
|
$ 8,927
|
$ 36,963
|
$ 45,890
|
$ 152,117
|
$ 20,629
|
$ 91,758
|
$ 24,249
|
| Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
| Founders advisory fees - related party (change in accounting fair value) |
0
|
|
|
|
|
(80,313)
|
(154,026)
|
0
|
(117,302)
|
0
|
| Depreciation and amortization expense |
9,379
|
|
|
|
|
33,086
|
49,536
|
52,000
|
65,795
|
58,117
|
| Interest and payment-in-kind on preferred shares |
944
|
|
|
|
|
3,268
|
4,903
|
0
|
6,537
|
0
|
| Share-based compensation |
4,821
|
|
|
|
4,963
|
8,396
|
7,551
|
156
|
14,649
|
0
|
| Deferred income taxes |
(2,155)
|
|
|
|
843
|
(129)
|
(20,488)
|
(11,244)
|
(17,000)
|
(2,684)
|
| Amortization of deferred financing costs |
224
|
|
|
|
|
793
|
1,196
|
14,592
|
1,602
|
3,471
|
| Amortization of acquisition related inventory step-up |
6,125
|
|
|
|
6,122
|
24,138
|
24,796
|
0
|
24,796
|
0
|
| Gain on contingent earn-out |
198
|
|
(3,644)
|
(9,398)
|
|
(9,398)
|
(13,042)
|
2,965
|
(12,706)
|
0
|
| Unrealized loss (gain) on foreign currency |
1,006
|
|
4,705
|
3,156
|
|
4,036
|
8,741
|
4,026
|
3,462
|
(5,640)
|
| Loss on disposal of assets |
0
|
|
|
|
|
9
|
9
|
0
|
9
|
0
|
| Changes in operating assets and liabilities, net of acquisitions: |
|
|
|
|
|
|
|
|
|
|
| Accounts receivable |
27,977
|
|
|
|
|
(44,477)
|
(63,838)
|
(28,872)
|
(6,190)
|
11,734
|
| Inventories |
(13,259)
|
|
|
|
|
(41,431)
|
(40,759)
|
(10,201)
|
(61,934)
|
11,170
|
| Income tax receivable |
|
|
|
|
(5,968)
|
(10,611)
|
|
|
|
|
| Prepaid expenses and other current assets |
(5,230)
|
|
|
|
|
7,301
|
9,058
|
(9,426)
|
1,922
|
(9,948)
|
| Accounts payable |
8,194
|
|
|
|
|
15,834
|
4,975
|
10,108
|
9,696
|
(9,608)
|
| Deferred revenue |
332
|
|
|
|
|
4,991
|
889
|
(149)
|
(383)
|
0
|
| Income taxes payable, net |
(8,985)
|
|
|
|
|
|
23,271
|
18,835
|
8,920
|
(5,860)
|
| Accrued expenses and other current liabilities |
436
|
|
|
|
|
2,789
|
15,547
|
146
|
(647)
|
(5,572)
|
| Founders advisory fees - related party (cash settled) |
365,789
|
|
|
|
|
(53,547)
|
(53,547)
|
0
|
(53,547)
|
0
|
| Other liabilities |
3,458
|
|
|
|
|
24
|
(73)
|
3,542
|
73
|
918
|
| Net cash (used in) provided by operating activities |
4,359
|
|
|
|
|
(89,351)
|
(43,184)
|
67,991
|
(40,172)
|
70,826
|
| Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
| Purchase of property and equipment |
(1,468)
|
|
|
|
|
(4,006)
|
(6,024)
|
(8,282)
|
(8,613)
|
(7,497)
|
| Purchase price adjustment under Business Combination Agreement |
0
|
|
|
|
|
(1,638)
|
(1,638)
|
0
|
(1,638)
|
0
|
| Net cash used in investing activities |
(1,210,623)
|
|
|
|
|
(5,644)
|
(7,662)
|
(15,746)
|
(10,251)
|
(9,467)
|
| Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
| Ordinary shares repurchased |
0
|
|
|
|
|
(5,008)
|
(7,572)
|
0
|
(49,341)
|
0
|
| Proceeds from exercise of warrants |
0
|
|
|
|
|
529
|
529
|
0
|
529
|
0
|
| Net cash used in financing activities |
(697,221)
|
|
|
|
|
(4,479)
|
(7,043)
|
(64,210)
|
(48,812)
|
(45,610)
|
| Effect of foreign currency on cash and cash equivalents |
(738)
|
|
|
|
|
(578)
|
(1,409)
|
435
|
431
|
(3,093)
|
| Net change in cash and cash equivalents |
(1,904,223)
|
|
|
|
|
(100,052)
|
(59,298)
|
(11,530)
|
(98,804)
|
12,656
|
| Cash and cash equivalents, beginning of period |
10,948
|
2,129,777
|
125,502
|
|
225,554
|
225,554
|
225,554
|
22,478
|
225,554
|
9,822
|
| Cash and cash equivalents, end of period |
225,554
|
225,554
|
166,256
|
125,502
|
|
125,502
|
166,256
|
10,948
|
126,750
|
22,478
|
| Supplemental disclosures of cash flow information: |
|
|
|
|
|
|
|
|
|
|
| Cash paid for interest |
174
|
|
|
|
|
17,919
|
18,299
|
24,559
|
35,488
|
45,441
|
| Cash paid for income taxes |
4,517
|
|
|
|
|
6,572
|
7,588
|
7,092
|
13,488
|
19,336
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
| Liability portion of founders advisory fees - related party reclassified to additional paid in capital |
0
|
|
|
|
|
13,783
|
13,783
|
$ 0
|
19,568
|
$ 0
|
| As Reported |
|
|
|
|
|
|
|
|
|
|
| Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(680,457)
|
|
78,711
|
7,223
|
37,811
|
45,034
|
123,745
|
|
|
|
| Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
| Founders advisory fees - related party (change in accounting fair value) |
|
|
|
|
|
(80,313)
|
(154,026)
|
|
|
|
| Depreciation and amortization expense |
|
|
|
|
|
33,086
|
49,536
|
|
|
|
| Interest and payment-in-kind on preferred shares |
|
|
|
|
|
3,268
|
4,903
|
|
|
|
| Share-based compensation |
|
|
|
|
5,724
|
12,465
|
19,297
|
|
|
|
| Deferred income taxes |
(670)
|
|
|
|
6,239
|
7,648
|
(72,441)
|
|
|
|
| Amortization of deferred financing costs |
|
|
|
|
|
793
|
1,196
|
|
|
|
| Amortization of acquisition related inventory step-up |
2,948
|
|
|
|
9,299
|
27,315
|
27,973
|
|
|
|
| Gain on contingent earn-out |
|
|
(3,644)
|
(9,398)
|
|
(9,398)
|
(13,042)
|
|
|
|
| Unrealized loss (gain) on foreign currency |
|
|
4,705
|
3,156
|
|
4,036
|
8,741
|
|
|
|
| Loss on disposal of assets |
|
|
|
|
|
9
|
9
|
|
|
|
| Changes in operating assets and liabilities, net of acquisitions: |
|
|
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
|
|
|
(44,477)
|
(63,838)
|
|
|
|
| Inventories |
|
|
|
|
|
(41,431)
|
(40,759)
|
|
|
|
| Income tax receivable |
|
|
|
|
(16,150)
|
(24,778)
|
|
|
|
|
| Prepaid expenses and other current assets |
|
|
|
|
|
7,301
|
9,058
|
|
|
|
| Accounts payable |
|
|
|
|
|
15,834
|
4,975
|
|
|
|
| Deferred revenue |
|
|
|
|
|
4,991
|
889
|
|
|
|
| Income taxes payable, net |
|
|
|
|
|
|
88,673
|
|
|
|
| Accrued expenses and other current liabilities |
|
|
|
|
|
2,789
|
15,547
|
|
|
|
| Founders advisory fees - related party (cash settled) |
|
|
|
|
|
(53,547)
|
(53,547)
|
|
|
|
| Other liabilities |
|
|
|
|
|
24
|
(73)
|
|
|
|
| Net cash (used in) provided by operating activities |
|
|
|
|
|
(89,351)
|
(43,184)
|
|
|
|
| Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
| Purchase of property and equipment |
|
|
|
|
|
(4,006)
|
(6,024)
|
|
|
|
| Purchase price adjustment under Business Combination Agreement |
|
|
|
|
|
(1,638)
|
(1,638)
|
|
|
|
| Net cash used in investing activities |
|
|
|
|
|
(5,644)
|
(7,662)
|
|
|
|
| Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
| Ordinary shares repurchased |
|
|
|
|
|
(5,008)
|
(7,572)
|
|
|
|
| Proceeds from exercise of warrants |
|
|
|
|
|
529
|
529
|
|
|
|
| Net cash used in financing activities |
|
|
|
|
|
(4,479)
|
(7,043)
|
|
|
|
| Effect of foreign currency on cash and cash equivalents |
|
|
|
|
|
(578)
|
(1,409)
|
|
|
|
| Net change in cash and cash equivalents |
|
|
|
|
|
(100,052)
|
(59,298)
|
|
|
|
| Cash and cash equivalents, beginning of period |
|
|
125,502
|
|
225,554
|
225,554
|
225,554
|
|
225,554
|
|
| Cash and cash equivalents, end of period |
225,554
|
225,554
|
166,256
|
125,502
|
|
125,502
|
166,256
|
|
|
|
| Supplemental disclosures of cash flow information: |
|
|
|
|
|
|
|
|
|
|
| Cash paid for interest |
|
|
|
|
|
17,919
|
18,299
|
|
|
|
| Cash paid for income taxes |
|
|
|
|
|
6,572
|
7,588
|
|
|
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
| Liability portion of founders advisory fees - related party reclassified to additional paid in capital |
|
|
|
|
|
13,783
|
13,783
|
|
|
|
| Adjustment |
|
|
|
|
|
|
|
|
|
|
| Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(1,692)
|
|
27,516
|
1,704
|
(848)
|
856
|
28,372
|
|
|
|
| Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
| Founders advisory fees - related party (change in accounting fair value) |
|
|
|
|
|
0
|
0
|
|
|
|
| Depreciation and amortization expense |
|
|
|
|
|
0
|
0
|
|
|
|
| Interest and payment-in-kind on preferred shares |
|
|
|
|
|
0
|
0
|
|
|
|
| Share-based compensation |
|
|
|
|
(761)
|
(4,069)
|
(11,746)
|
|
|
|
| Deferred income taxes |
(1,485)
|
|
|
|
(5,396)
|
(7,777)
|
51,953
|
|
|
|
| Amortization of deferred financing costs |
|
|
|
|
|
0
|
0
|
|
|
|
| Amortization of acquisition related inventory step-up |
3,177
|
|
|
|
(3,177)
|
(3,177)
|
(3,177)
|
|
|
|
| Gain on contingent earn-out |
|
|
0
|
0
|
|
0
|
0
|
|
|
|
| Unrealized loss (gain) on foreign currency |
|
|
0
|
0
|
|
0
|
0
|
|
|
|
| Loss on disposal of assets |
|
|
|
|
|
0
|
0
|
|
|
|
| Changes in operating assets and liabilities, net of acquisitions: |
|
|
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
|
|
|
0
|
0
|
|
|
|
| Inventories |
|
|
|
|
|
0
|
0
|
|
|
|
| Income tax receivable |
|
|
|
|
10,182
|
14,167
|
|
|
|
|
| Prepaid expenses and other current assets |
|
|
|
|
|
0
|
0
|
|
|
|
| Accounts payable |
|
|
|
|
|
0
|
0
|
|
|
|
| Deferred revenue |
|
|
|
|
|
0
|
0
|
|
|
|
| Income taxes payable, net |
|
|
|
|
|
|
(65,402)
|
|
|
|
| Accrued expenses and other current liabilities |
|
|
|
|
|
0
|
0
|
|
|
|
| Founders advisory fees - related party (cash settled) |
|
|
|
|
|
0
|
0
|
|
|
|
| Other liabilities |
|
|
|
|
|
0
|
0
|
|
|
|
| Net cash (used in) provided by operating activities |
|
|
|
|
|
0
|
0
|
|
|
|
| Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
| Purchase of property and equipment |
|
|
|
|
|
0
|
0
|
|
|
|
| Purchase price adjustment under Business Combination Agreement |
|
|
|
|
|
0
|
0
|
|
|
|
| Net cash used in investing activities |
|
|
|
|
|
0
|
0
|
|
|
|
| Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
| Ordinary shares repurchased |
|
|
|
|
|
0
|
0
|
|
|
|
| Proceeds from exercise of warrants |
|
|
|
|
|
|
|
|
|
|
| Net cash used in financing activities |
|
|
|
|
|
0
|
0
|
|
|
|
| Effect of foreign currency on cash and cash equivalents |
|
|
|
|
|
0
|
0
|
|
|
|
| Net change in cash and cash equivalents |
|
|
|
|
|
0
|
0
|
|
|
|
| Cash and cash equivalents, beginning of period |
|
|
0
|
|
$ 0
|
0
|
0
|
|
$ 0
|
|
| Cash and cash equivalents, end of period |
$ 0
|
$ 0
|
$ 0
|
$ 0
|
|
0
|
0
|
|
|
|
| Supplemental disclosures of cash flow information: |
|
|
|
|
|
|
|
|
|
|
| Cash paid for interest |
|
|
|
|
|
0
|
0
|
|
|
|
| Cash paid for income taxes |
|
|
|
|
|
0
|
0
|
|
|
|
| Non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
| Liability portion of founders advisory fees - related party reclassified to additional paid in capital |
|
|
|
|
|
$ 0
|
$ 0
|
|
|
|